Speeches Debates Resolutions List of the Delegates Committees Etc

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Speeches Debates Resolutions List of the Delegates Committees Etc
Chicago Conference On Trusts (1899 : Chicago, Ill.)
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Again, one of the methods of railway combination, formerly most effective I allude to the practice popularly known as "pool- ing" has been illegal, so far as interstate traffic is concerned, since 1887, and even agreements to maintain reasonable rates were forbidden by the anti-trust law of 1890 which does not appear to have been applied successfully to any other industry.
237 The years subsequent to 1887 have witnessed a stronger move- ment toward the consolidation of manufacturing and trading
... establishments than was ever previously known.
Further, combinations among railways can directly affect rates on but a portion of the transportation furnished to the pub- lic, for there are comparatively few points served by more than a single railway and a large portion of the aggregate traffic must traverse a particular route or it cannot be moved; manufacturing and trading combinations, if they affect prices at all, must affect those on the entire output of the establishments combined.
Eailway combination has assumed three distinct forms.


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